22 March 2017/Categories: CILT, Industry News, Freight Forwarding, Ports, Maritime & Waterways
Global trade enabler DP World has announced strong financial results from its global portfolio for the twelve months ending 31 December 2016. On a reported basis, revenue grew 4.9% and adjusted EBITDA increased 17.4% with adjusted EBITDA margin of 54.4%, delivering profit attributable to owners of the Company, before separately disclosed items1, of $1,127 million, up 27.6%, and EPS of 135.7 US cents. On a like-for-like basis, revenue grew 1.3%, adjusted EBITDA increased by 6.6% with adjusted EBITDA margin of 52.6%, and attributable earnings increased 6.2%.
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